Shionogi & Co.'s earnings guidance has been revised upward, with revenue raised to ¥720 billion and net income attributable to owners of the parent to ¥212.5 billion. The EPS outlook has also been raised, and a review of the ¥86 per-share dividend has been indicated, drawing attention to the share price outlook.
Shionogi & Co. raised its earnings guidance for the current fiscal year, increasing its revenue forecast to ¥720 billion and net income attributable to owners of the parent to ¥212.5 billion. Along with this, the outlook for earnings per share (EPS) has also been raised, while a dividend of ¥86 per share is now anticipated.
The Board of Directors was reportedly informed to discuss raising the dividend plan on 29 October, and some believe that the relationship between steady cash generation and shareholder returns will strengthen. Meanwhile, the outlook for earnings over the next 3 years and trends in research and development expenses and selling, general and administrative expenses remain sources of uncertainty.